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Please help with questions 6 through 10 6. Park& Company was recently formed with a $5.900 Investment In the company by stockholders in exchange for
Please help with questions 6 through 10
6. Park& Company was recently formed with a $5.900 Investment In the company by stockholders in exchange for common stock. The company then borrowed $2,900 from a local bank, purchased $1.090 of supplies on account, and also purchased $5,900 of equipment by paying $2,090 In cash and signing a promissory note for the balance. Based on these transactlons, the company's total assets are: O $13700. O $8,800. O $11,800. O $10.890 Step by Step Solution
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